64 Scotch Cap Road #187WaterfordCT06375
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 64 Scotch Cap Road #187, Waterford, CT, 06375 in Waterford worth study. Rental yield 4.5%. The 4.5% gross yield is below cash-flow benchmarks at $399,900, but 5% annual appreciation, adding $110,485 over five years, frames this as a capital growth position. Rent of $3,096/mo partially offsets the $1,798/mo payment. Ziffy Mortgage finances appreciation-play properties (1.72 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $159,133.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.2% |
| Monthly Cash Flow | $(1,517) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,096 |
| Total Monthly Debt Service | $2,858 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2013
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06375, Quaker Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,529 (100%) |
| Owner Occupied HU | 1,256 (82.1%) |
| Renter Occupied HU | 182 (11.9%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $350,348 |
| Average Home Value | $405,239 |
Housing Distribution
Address Breakdown
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 2013
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06375, Quaker Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,529 (100%) |
| Owner Occupied HU | 1,256 (82.1%) |
| Renter Occupied HU | 182 (11.9%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $350,348 |
| Average Home Value | $405,239 |
Housing Distribution
Address Breakdown
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Next Level Team of RE/MAX One • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098618
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.